The Empirical Analysis and Future Prospects of Foreign Trade and Economic Growth in China’s Guangdong and Jiangsu Provinces

Mingjie Zheng; Hangxu Zuo; Shujuan Lan; Erwei Wang

doi:10.2991/978-94-6463-542-3_7

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The Empirical Analysis and Future Prospects of Foreign Trade and Economic Growth in China’s Guangdong and Jiangsu Provinces

Authors

Mingjie Zheng¹, Hangxu Zuo¹, Shujuan Lan¹^{, *}, Erwei Wang¹

¹Zhuhai Campus, Beijing Institute of Technology, Zhuhai, China

^*Corresponding author. Email: 08086@bitzh.edu.cn

Corresponding Author

Shujuan Lan

Available Online 15 October 2024.

DOI: 10.2991/978-94-6463-542-3_7 How to use a DOI?
Keywords: Foreign trade; economic development; VAR model
Abstract: This paper takes Guangdong Province and Jiangsu Province, the two provinces with the strongest economic strength in China, as the research objects, studies the relationship and differences between foreign trade and economic growth, and explores the reasons. Using ADF test, cointegration test, Granger causality test and VAR model, we empirically analyzed the data of GDP and total imports and exports in Guangdong and Jiangsu provinces from 2009 to 2022. The results show that there is a long-term stable relationship between foreign trade and economic growth in Guangdong and Jiangsu provinces, and foreign trade is an important factor in promoting the economic growth of Guangdong and Jiangsu provinces. However, there are certain differences in the impact degree, direction and lag period of export and import trade on economic growth. The GDP and import and export data of Guangdong and Jiangsu provinces show a stable growth trend, and the GDP growth rate of Guangdong Province is slightly higher than that of Jiangsu Province.
Copyright: © 2024 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
Series: Advances in Economics, Business and Management Research
Publication Date: 15 October 2024
ISBN: 978-94-6463-542-3
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-542-3_7 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Mingjie Zheng
AU  - Hangxu Zuo
AU  - Shujuan Lan
AU  - Erwei Wang
PY  - 2024
DA  - 2024/10/15
TI  - The Empirical Analysis and Future Prospects of Foreign Trade and Economic Growth in China’s Guangdong and Jiangsu Provinces
BT  - Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
PB  - Atlantis Press
SP  - 46
EP  - 54
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-542-3_7
DO  - 10.2991/978-94-6463-542-3_7
ID  - Zheng2024
ER  -

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